Trump threatens to 'substantially' raise tariffs on Indian goods over Russian oil purchase https://www.taxtmi.com/news?id=51512 The United States issued an Executive Order raising tariffs under a modified Reciprocal Tariff Rates regime and publicly signalled further tariff increases tied to India's purchase and resale of Russian oil and acquisition of Russian military equipment; US officials present these measures as leverage in bilateral trade negotiations seeking concessions in agriculture, dairy and GM foods, while India is reviewing implications and asserting protection of national interests. en-us Mon, 04 Aug 2025 21:46:03 +0530 Mon, 04 Aug 2025 21:46:03 +0530 TaxTMI RSS Generator Trump threatens to 'substantially' raise tariffs on Indian goods over Russian oil purchase https://www.taxtmi.com/news?id=51512 The United States issued an Executive Order raising tariffs under a modified Reciprocal Tariff Rates regime and publicly signalled further tariff increases tied to India's purchase and resale of Russian oil and acquisition of Russian military equipment; US officials present these measures as leverage in bilateral trade negotiations seeking concessions in agriculture, dairy and GM foods, while India is reviewing implications and asserting protection of national interests. News - Mon, 04 Aug 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=51512